Welcome To Money Market
Is Mighty River Power Overheated?
All indications are that the Mighty River Power share offer will be well over-subscribed but whether or not it proves to be a good investment in the long term is far less certain. With the New Zealand share market at an all time high and all the hype surrounding the Mighty River Power offer it could well be wise to take a step back and wait.
Could you get a better interest rate on your investment with less risk?
Welcome to our Money Market website where you can quickly compare interest rates and deals on home loans, personal loans, credit cards and mortgage rates.
Getting the best deal on a loan or the best interest on your investments can save you lots of money and this site is all about giving you the information to help you manage your money better. If you already have loans there is a fair chance that they could be costing you more than they should and by looking at the simple tables in the Money Market website you will quickly be able to see what else is available.
If you know of a good deal, have a question or have a comment to makeabout anything to do with money matters click here.
MoneyMarket is all about people helping people to manage their money better. If you know of any good deals or have had any not so good experiences add them to this site to help make it the best collection of moneymarket tips.
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In our investing section we have the latest information on the best interest rates the banks and finance companies are offering plus links to help you calculate the latest currency exchange rates. We also have a section to help those people thinking about retirement to help you calculate how much you need to live comfortably in your retirement. For many people this includes investing in the Kiwi Saver scheme and we also have information to let you compare the performance of the different finance company providers for the scheme.
For those who invest in the share market we provide links to the daily buy and sell prices and for the experienced stock traders we also offer a book describing a very successful stock trading system we have developed.
All the information provided on this website is a Class Service as defined by the Financial Advisers Act 2008. We do not provide investment advice or sell financial services we simply provide information and a blog where you can read and comment on financial topics and ask for help or help others. We strongly recommend that you check that the people you take financial advice from are suitably qualified.
Infratil Limited has registered a simplified disclosure prospectus (SDP) for an offer of unsecured unsubordinated infrastructure bonds with an interst rate of 6.85% for a term of 9 years. The bonds will open for application on 23 April.
To apply for Mighty River Power Shares go to www.mightyrivershares.govt.nz
A subscriber just got a letter from Meridian telling him that he could save $15 a month by switching to their Low User Plan because he was using under 9000 units a year. When he did the calculation on last month’s bill he found it would have cost him another $21 a month! He warns people not to be trapped with an offer based on yearly consumption when they bill you on a monthly basis. What is your experience?
We are also keen to hear of people’s experiences with changing power suppliers based on the whatsmynumber.org.nz website. Do the calculated savings stack up in reality?